FirstEnergy: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 04:48 PM ET
Last Updated - May 27, 2024, 01:06 AM EDT
AKRON, Ohio (AP) — AKRON, Ohio (AP) — FirstEnergy Corp. (FE) on Thursday reported first-quarter earnings of $253 million.
On a per-share basis, the Akron, Ohio-based company said it had profit of 44 cents. Earnings, adjusted for non-recurring costs, came to 55 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.
The utility company posted revenue of $3.29 billion in the period.
